Asset Finance Limited – Small Business Lending Partner

September 17, 2020
by Web Revolution

About Asset Finance

Asset Finance Limited (“AFL”) is a Non-Bank Deposit Taker regulated by the Reserve Bank of New Zealand. Pursuant to its regulatory licence, AFL is permitted to accept term deposits from the general public and to deploy those funds into consumer and business loans.

Since 1997, Asset Finance has successfully lent over $300 million to more than 35,000 New Zealand consumers and small businesses. With its head office and operations team based in Whakatane, it has branch offices across New Zealand.

In its investment division, for over 23 years AFL has provided New Zealanders with competitive term deposit interest rate products. Term deposits are offered from 6 moths to 5 years, and interest rates are payable monthly or quarterly at rates up to 5.25% per annum.

Loans to Small Businesses

AFL is a specialist small business lender. Unlike banks that can involve lengthy approval processes and timelines, AFL prides itself on speed, flexibility and personalised customer service. In times like COVID-19 small businesses need a finance partner that can tell you what’s possible, rather than what’s not possible!

Our lending products include:

Working Capital

Working hard to get through COVID-19, or need extra funding for a new project or for growth opportunities? Get a boost in working capital to help you on your way.

Working capital finance solutions are all about fit and flexibility, so we work with you to structure them to your specific situation and needs.

Asset Purchases

Need to update equipment and machinery or expand the plant?

We can tailor a loan to suit your businesses cashflow requirements, and we can use both the new and existing assets to secure the finance so security isn’t a barrier.

Invoice Finance

Let us help you keep your business running with a simple cashflow finance solution using your existing debtor ledger as security.

An important result of using invoice factoring is that you will get predictable cashflow because factoring eliminates the uncertainty of when you’ll get paid. Imagine how much time and stress this will save you!

Lending Guides

We have updated our lending policy to reflect our current risk appetite as a result of COVID-19. Contact us for our latest Business and Property Finance Broker Guide and Invoice Factoring Lending Guide or download from the links in the images below.